Brighton Energy Co-Op have leased the airspace above the roofs of the university’s City campus for 20 years. BEC paid for the installation through their shareholders’ investment in renewable energy.
Now the panels are in place, the university will pay BEC for the electricity generated by the panels, saving approximately a third of the price of grid electricity, providing security against fluctuating energy costs and reducing the university’s carbon footprint.
During the 20 years of the lease, the panels are expected to save the university over £85,000 and over 400 tonnes of carbon. After the lease expires, the university will take ownership of the panels at no cost and will fully benefit from the free electricity.